SKW Schwarz advises Volue on acquisition of ProCom

Photo: Dr. Matthias Nord­mann, Part­ner at SKW Schwarz Rechts­an­wälte in Munich
12. July 2021

Munich/ Norway — SKW Schwarz Rechts­an­wälte advi­ses Norwe­gian Volue ASA on the acqui­si­tion of ProCom GmbH. Follo­wing the signing of the contracts, the auto­ma­tion busi­ness will be spun off and Volue will take over ProCom’s entire energy busi­ness. With this, Volue gains an annual turno­ver of 3 million euros, about 60 employees and more than 60 customers.

The tran­sac­tion is expec­ted to close in Septem­ber 2021 and is subject to certain condi­ti­ons agreed between the parties.

Volue is a market leader in tech­no­lo­gies and services that drive green trans­for­ma­tion. With more than 650 employees, Volue serves more than 2,000 custo­mers in the energy, power grid, water and infra­struc­ture project sectors. The company is head­quar­te­red in Oslo, Norway, and opera­tes in more than 40 countries.

ProCom GmbH offers tech­no­logy solu­ti­ons for the energy sector and rela­ted indus­tries. The company, which is head­quar­te­red in Aachen and has offices in Colo­gne and Berlin, serves custo­mers prima­rily in Germany.

Advi­sor to Volue: SKW Schwarz Rechts­an­wälte, Munich
Dr. Matthias Nord­mann (M&A, lead), Eva Bona­cker (M&A), Nicole Wolf-Thomann (Commer­cial), Dr. Ulrich Reber (Restruc­tu­ring), Dr. Matthias Orthwein (IT and Data Protec­tion), Dr. Stefan Pein­tin­ger (IP), Alex­an­der Möller (Labor Law), Heiko Wunder­lich (Tax Law); David Solberg (Corporate/Commercial)
CLP, Oslo/Norway: Lars Gunnar Aas, Kris­toffer Gjes­dahl (both M&A)

About SKW Schwarz Attor­neys at Law

SKW Schwarz Rechts­an­wälte is an inde­pen­dent German law firm with over 120 lawy­ers in four loca­ti­ons. SKW Schwarz advi­ses compa­nies ranging from owner-mana­­ged busi­nesses to listed stock corpo­ra­ti­ons, as well as private clients, in all major areas of natio­nal and inter­na­tio­nal busi­ness law.

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